Acerinox Sells its Subsidiary Bahru Stainless for USD 95 million.
Acerinox, S.A completed the sale of its subsidiary to Worldwide Stainless for a total sum of USD 95 million. Dec 13, 2024 Spanish stainless-steel producer Acerinox has announced that it has completed the sale of its Malaysia-based subsidiary Bahru Stainless to Worldwide Stainless. Acerinox decided to discontinue the operation of Bahru Stainless in May last […]
Tubacex Secures its Largest Umbilical Tubes Order
The project has been commissioned by a globally leading oil and gas company, solidifying Tubacex’s position as a benchmark in advanced tubular solutions. Dec 10, 2024 Tubacex, a global leader in the manufacturing of advanced industrial solutions for the energy and mobility sectors, has achieved a significant milestone with the booking of its largest order […]
Russia’s TMK Masters Heat Treatment Technology for Industrial-Scale Large-Diameter Pipelines
The technology will improve the performance characteristics and will be used to lay pipelines of complex designs. This operation reduces the level of residual stress when forming pipes, and minimizes installation and operational risks. Oct 22, 2024 Russian steel pipe producer Pipe Metallurgical Company (TMK) announced that its subsidiary Chelyabinsk Pipe Rolling Plant (ChTPZ) and […]
